Companies reuse boilerplate quarter after quarter, so the sentences that change in a 10-Q, 8-K or earnings release are the ones carrying information — a removed risk factor, a softened outlook verb, a new litigation disclosure. You diff each filing against the prior period automatically at the moment it hits EDGAR and trade the company-outcome markets before anyone finishes reading the document. The filings arrive on a schedule, so this is repeatable rather than opportunistic.
Markets on Polymarket where guidance-language diff trading is the natural play: